In this Lecture of India's World focuses on takeaways, limitations and importance of BRICS. This year theme of BRICS is 'Economic Growth for an Innovative Future'. The BRICS countries are Brazil, the Russian Federation, India, China and South Africa, convene for a BRICS Leaders' Summit annually. BRICS majorly focus on spheres of political, socio-economic coordination, in which member countries have identified business opportunities, economic complementarities and areas of cooperation. Leaders of five nations are also expected to discuss issues like the fight against organised crime, counter-terrorism, money laundering, scientific-technical cooperation and the digital economy.
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